In our previous article, we discussed the importance of investments and some investments that one can make in preparation for their retirement. We also mentioned the mutual fund as one of the best vehicles for long-term investment for any retiree, or for anyone in general. more
With the new rules and its relevant penalties already enforced by immigration officials in Thailand, it’s always in your interest, especially as a businessman operating an enterprise in the country, to abide by these regulations. more
Thailand is an investor-friendly country. The passing of the Foreign Business Act now makes it possible for international companies to set up their operations in Thai jurisdiction, and even receives incentives for investing into the local economy.
The Act does have restrictions, i.e. what sectors a foreign-owned company can compete with local companies and the rules on foreign ownership, especially against the practice of using nominee shareholders in order to establish a foreign-owned business in Thailand. more
The practice of using nominee shareholders in incorporating companies in Thailand has been brought to light after the head of the military junta proposed in December to change the FBA to weed out companies that are incorporated locally but are actually controlled by their foreign investors. What is a nominee shareholder? Is the practice legal or illegal? more
Foreign investors put their money to work overseas for several reasons. Diversification, after all, is the mark of a successful investor. However, one pressing concern is safety for the investor. Is Thailand truly a safe and stable country for businessmen to invest in? The answer is: Yes, absolutely!
Thailand, like other countries in the Southeast Asian region, encourages foreign investors to their country to boost their economic activities. And unlike other countries in the region, Thailand happens to have the right circumstances, conditions and enticements to lure foreign investment into the country. And in order to facilitate the influx of foreign companies to Thailand, several structures were established from which foreign investors can choose when they want to set up a company in the country. more
The most common question many investors have is whether it is expensive to do business in Thailand, in Phuket more specifically. The answer to this question varies. It will depend on a lot of factors like type of business, size of rental office, labor costs, etc. Overall, if to be compared with other countries, doing business in Phuket Thailand may still prove to be inexpensive. more